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Dec 14, 2012 6:00am EST
at risk of what i call a hotel california, monetary policy, going back to the eagles song which is you can check out any time you want but you can never leave. that's what i worry about. theoretically we can check out any time we want from this program but we practically, because we're going to have an engorged balance sheet, we may never be able to leave this position. so i have some concerns. i was concerned about the 2.5% mention, even, of inflation one or two years out in terms of expectations. the market becomes fixated on the unemployment target that we actually install its threshold, not a target that we put in there. but, i lost my arguments. there are others that argued similarly. they'll let them speak for themselves. but here's the thing, the committee makes a decision under the leadership of ben bernanke. this is ben bernanke's fed. its his legacy going forward, and then we leave the table and we're still friends. so, can i sell it to you? i can't sell it with passion. but i will say that this is action in a city called washington, or sometimes in texas we call it washington-st
Dec 4, 2012 6:00am EST
the legislature -- >> do you have companies that have left and -- >> oh, absolutely out of california, you know, that's a target-rich environment is what we refer to california. they raise taxes again. they sent the message that the unions are going to continue to control the process out there. they defeated proposition 32. they passed proposition 30 which was the increase in their taxes. so, california businessmen and women are looking at their bottom line saying, where are we going to go? other places? >> governor, is it too much of a leap to say when we do this at the federal level they leave the country, bilss can eventually leave the country. >> sure. >> but we can't seem to make the leap to say that. and i'm talking about the fiscal cliff now. i wonder if you were at 25% of gdp, if the government had grown to this size where it is right now and you were trying to figure out how to deal with it and you were in charge, would it be all about -- would the first thing you come up with be raising taxes? would not -- wouldn't you address the spending -- wouldn't you address the spending side of
Dec 6, 2012 6:00am EST
a freebie is just crazy. >> california at 52%, new york and other places -- >> when you add up all the state and local taxes. hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had seen the line of buss that basically was a wall of about 60 buses, they get precedence to go in, and then like 16 other lanes getting down to one to go into the tunnel, and you're just sitting there, like no within in the world does this. >> i got stuck in a broken down truck in the holland tunnel last night. it's amazing how fast they get that truck up and out. >> they better because there are fumes and everything else. but if you try to go from pasadena at the wrong time in l.a., it's three hours. in other n
Dec 10, 2012 6:00am EST
. we've come too far. there's too much to lose! >> plus, reaction from california republican congressman kevin mccarthy. >> this ain't over yet. >> and who has the best shot at getting twinkies back on the assembly line? we have the latest on the hostess saga as "squawk box" begins right now. >>> and good morning, welcome back to "squawk box" on cnbc i'm joe kernen along with becky quick. erskine bowles. erskine bowles will join us in just a minute of simpson-bowles, bowles-simpson, take your pick. futures right now this morning have been relatively weaker all morning long. things in europe, sort of setting the tone for the markets. here are your morning headlines. the planned resignation of mario monti, the italian prime minister, is what's weighing on european markets this morning. monti says he'll step down as soon as the 2013 budget is approved, and that sent stocks lower and borrowing costs in italy and spain higher. as you just heard from kayla, we were in chairs, ingersoll-rand is planning to spin off its technology business. the security technology business in a deal
Dec 21, 2012 6:00am EST
early. are you in california, john? >> oh, yeah. >> thank you. you're doing -- you're doing god's work for us. thank you, john. coming up the final trading day before the weekend. will washington rise above the rhetoric and get a deal done? find out how traders are feeling about the fiscal cliff and beyond. here's the futures right now. they haven't gotten much worse. >>> till to come on "squawk box," a little holiday cheer from cee lo green. >> what do you want for christmas? >> for christmas? ♪ all i need is love >> musician, producer, and star of "the voice" talks up his new holiday album and gets "squawk" into the spirit of the season. ♪ make me crazy ♪ does that make me crazy she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back, everybody. only a few trading days left in 2012. joining us is boris schloss
Dec 27, 2012 6:00am EST
california. i want to help a single mom in california with a medical need. you can target who you give to. >> i would have thought you could have got in donations to cover your overhead. right now, what, 82 bucks for every 100 is going to -- to help people, but that other money, obviously, is being held back and i'm thinking to myself, is there a different -- >> as a 501(c)3 you're very limited to we wouldn't be able to target who you help. you can't earmark gifts in a 501(c)3. you put the money to a pool and hope it gets distributed to family in need and you're not sure whether it gets paid to an executive to get a car. you don't know where your money goes. >> gentlemen, thank you. fascinating and great work. we appreciate you coming in. >> thank you. thank you very much. >> hope you'll check out the site. >> so coming up, we're going to head the chairs and talk about the stories grabbing our attention this morning. perhaps even a little annoying orange when we return after the break. you know how to mix business... with business. and from national. because on
Dec 11, 2012 6:00am EST
we need them in japan? what are we doing in decree california? i want some answers to this. >> well, go to the web and look for the republican budget. that was written by the chairman of our budget committee paul ryan. you will see these savings -- >> 30-year, 40-year plan. i want to know what we can do -- >> well -- number one, defense has already been cut. we can debate how much it should be cut further but it has already been cut. i mean that's just a fact. >> but we added -- >> -- defense on the republican side. you have that global war turf. -- good idea. >> say again, please? >> global war -- >> here's what you have to do. ultimately you're going to take america off the road to fiscal insolvency. you're going to have to reform current entitlement programs for future generations, which is exactly what we do in our budget. medicare is going broke, social security is going broke. the four trust funds. you've got one trust fund going broke in about six years -- i'm happy to put that on the table with every other reform. you know, we can't repeal -- we don't want to repeal the laws
Dec 17, 2012 6:00am EST
of information into the system by requiring all federal agencies to share relevant information. california senator dianne feinstein said she will introduce legislation to bring back the ban on assault weapons, which was lifted in 2004, over the weekend we learned that in the aftermath of the shooting of arizona representative gabrielle giffords, the justice department offered recommendations to improve that background check system with more of a focus on screening out mentally ill persons. those recommendations, however, were shelved. and, in the aftermath of the newtown shooting, the atf, as part of its ongoing investigation, is actively canvassing federally licensed gun shops and shooting ranges. joe? >> okay, hampton. thanks for that report. let's go now to newtown, connecticut. joining us is nbc's danielle lee and she joins us with more. danielle? >> good morning. people here are drawing comfort this morning in the president's promise last night during a vigil to do something to try to stop future mass shootings from happening. that said it doesn't remove the sadness in this community
Dec 24, 2012 6:00am EST
's been stellar this year, an absolute winner? >> california. >> california? >> yeah. this is interesting. a couple of years ago, i was coming on every show and talking to people and people weren't touching it. >> i can't tell you exact yields, but illinois is still hanging in there. they're a major issuer of debt. >> have you got a loser for us? a little coal in the stocking? >> puerto rico. >> puerto rico? >> puerto rico is just -- it's a sad situation. $67 billion in debt outstanding. their debt to gdp approaches greece-like levels. and they went so far as to bond out their debt service. issuing bonds to pay their interest and that is just a true muni bond person. that is like a knife in the heart, pain. >> don't go anywhere. stick around for the rest of the hour. thank you for being here on this holiday. >> glad to be here. >> what are you looking at? >> nothing. >> the red. >> it's like orange on camera. >> it is a little orange. >> is this a holiday? you keep saying that. >> we've been doing all sorts of holiday things. really? >> so it is the holidays? >> yes, it is. >> i've got to
Dec 3, 2012 6:00am EST
. >> would you eventually just be in arizona and california, or just get out of everything in the cold weather? >> for us it's about density and income. we certainly like the warmer weather, texas, california, arizona, but we do very well in ohio. we did very well in west virginia. we do well in the middle of the country. just depends if you're the top one or two assets in that market. it's about being the best in that marketplace and i think you'll see fewer properties, but the good ones will only get stronger. >> is there one mall you wish you owned the short hills mall? >> there's a long list of malls that we wish we owned. the only thing we don't like about them is that we didn't own them. but, sure, there are many. >> is that the best one? >> it's certainly one of the top ten in the country. >> mall of measure, tamerica, t? >> it has lot of volume. it's a mall for everyone. people enjoy going there. so i'd like to own them both. why not. >> michael, thank you very much for coming in about that. >> thanks for having me. >> slip me your offer and i'll present it for someone up there
Dec 13, 2012 6:00am EST
's see, parts of the mountains in california. not only portions of the san gabrielle mountains, but also the mountains in sierra, nevada. it's going to cause some backups in places. san diego, you might have a few delays there. in vegas, miami and new york, minor to no delays whatsoever. that's the good news. very quickly, let's talk about the east coast. so far, so good. scattered showers on parts of the coast, but new york city expecting a high of 45 today. mostly sunny in the ohio valley, into parts of the northeast. still scattered showers in parts of south florida getting very close to the record, the yearly record of rainfall in miami. as we wrap it up, from fargo and on the other side of the river, expect snow showers. still balmy, beautiful showers in dallas. mostly sunny and 65. back to you. >> reynolds, thanks so much. thanks for flag along. >> you bet, guys. >>> americans want action when it comes to the fiscal cliff. john, you'll give us some of the highlights, but with what we've told them about what will happen if we go over, i guess we shouldn't be too shocked that they do
Dec 5, 2012 6:00am EST
the dungeon built in his house? >> yeah, the guy in california, he was a software guy too. >> crazy. money goes to -- i don't know what happened to this guy. but his neighbors did. he had nothing to do with -- >> he had been blogging about -- >> bath salts or something? not to soak his feet in. >> no, bath salts were like a great experimental drug he'd been experimenting with. >> wait a second -- hopefully you don't turn into a cannibal. you draw the line right before you start eating someone. >> hopefully. >>> still to come, rising above the fiscal cliff, steny hoyer is going to be our guest. plus -- and steny, i was reading his stuff. he sounds -- he's rising above a little bit. he didn't sound quite as -- jobs in focus. private payroll data from adp. this was my choice too. kenny chesney. it's a jobs friday preview. >>> and mark zandi of moody's joins us. we'll explain why he's wrong. >> if you have any comments or questions about anything you see here on "squawk," e-mail us at squa >>> markets that are on the move and where you should put your money to work right now.
Search Results 0 to 11 of about 12